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Balance Sheet Cash Flow Statement 1040 E. Main St. Louisville, KY 40206 KY Tel. 502-582-2571 Toll Free 800-625-9066 Fax 502-625-1041 |
Type: Public
On the web:
http://www.syb.com
Employees:
464
Employee growth: 4.0%
Forget Elsie. S.Y. Bancorp is more interested in a cash cow. It's the holding company of Stock Yards Bank & Trust, which operates about 30 branches primarily in and around Louisville, Kentucky, but also in Indianapolis and Cincinnati. Founded in 1904, the bank targets individuals and regional business customers, offering standard retail services such as checking and savings accounts, credit cards, certificates of deposit, and IRAs. Trust services are also available; brokerage and credit card services are offered through agreements with other banks. Real estate mortgages account for about 50% of the bank's loan portfolio, which also includes commercial (25%), construction, and consumer loans.
Key numbers for fiscal year ending December, 2008:
Sales: $84.7M
One year growth: 0.8%
Net income: $21.7M
Income growth: (9.9%)
Officers:
Chairman and CEO, S.Y. Bancorp and Stock Yards Bank & Trust: David P. Heintzman
President and Director, S.Y. Bancorp and Stock Yards Bank & Trust: James A. (Ja) Hillebrand
EVP, Secretary, Treasurer, and CFO, S.Y. Bancorp and Stock Yards Bank and Trust: Nancy B. Davis
Competitors:
PNC Financial
Porter Bancorp
Republic Bancorp
